Wave energy developer, Carnegie Wave Energy Limited (CWE), has announced a capital raising via a Share Purchase Plan (SPP) to raise up to $6 million for the CETO 6 project. The SPP will allow all eligible Carnegie shareholders to purchase between $1,500 and $15,000 worth of shares in Carnegie at 5.0
R115 wave energy system, installed at Punta Righini offshore Italy, successfully converted wave energy into electricity yesterday, 40SouthEnergy informed via social media. The R115 wave energy converter was installed and functioning at its operational depth on March 22. 40South Energy has partnered
Royal HaskoningDHV and 6 Alpha Associates have signed a contract with the Construction Industry Research and Information Association (CIRIA), to be the research contractor for a project which will develop good practice guidance on the assessment and management of unexploded ordnance (UXO) risk in th
Research and Markets has announced the addition of the “Wind Turbine Rotor Blades Trends” report to their offering. “Wind Turbine Rotor Blades are one of the most essential components of wind turbines. These blades are used for absorbing the wind’s kinetic power and subsequently converting the power
AXYS Technologies Inc. will soon supply Observator Instruments of the Netherlands with four TRIAXYS™ with Currents Directional Wave Buoys, each equipped with the new Next Wave II sensor and a Nortek ADCP current profiler. These buoys will be delivered to the end client Van Oord for deployment into s
An economic study into the cost profile of power from tidal lagoons has found that a portfolio of three UK tidal lagoons, in operation by 2021, would deliver large-scale low carbon power at a significantly cheaper price than offshore wind. The study, conducted by energy economists at Pӧyry, a manage
Pelamis Wave Power is holding a series of public consultation events next week for local residents and stakeholders to hear about plans for a proposed wave farm at Farr Point, off the north coast of Sutherland. The Farr Point project represents the next development phase for Pelamis after testing ma
The Federal Energy Regulatory Commission (FERC) today issued a 10-year pilot license to Public Utility District No. 1 of Snohomish County for the proposed Admiralty Inlet Pilot Tidal Project to be located in the Puget Sound in the state of Washington. The 600-kilowatt Admiralty Inlet Project is an e
A research group at Brown is working on a solution to gather tidal energy in shallow water, where the ebb and flow move fastest and the energy potential is highest. Led by Shreyas Mandre, assistant professor of engineering, the group is developing a hydrofoil — a water wing — as a means to harvest t
Cape Sable Island, a small Canadian island in Nova Scotia province, will soon see its causeway put under the spotlight of tidal energy research, as plans to develop that energy resource recently emerged. At a meeting held on March 10, Mark Sidebottom from Nova Scotia Power answered questions from Ba
LM Wind Power has announced the launch of an innovative research project to develop wind turbine blades with flexible tip lengths. The company is leading a consortium that will develop a cost effective, flexible blade length concept with the potential to reduce cost of energy by 8-10%. This project
Lockheed Martin has commenced a contract from tidal energy company Atlantis Resources Ltd. to optimize the design of Atlantis’ new 1.5-megawatt tidal turbine, the AR1500. Designed to facilitate operation in highly energetic tidal locations, the AR1500 turbine will be one of the largest single rotor
A 30% renewables target for 2030 would cut Europe’s reliance on gas imports by almost three times as much as the European Commission’s proposal for 27%, the Commission’s own figures show. In a letter to EU foreign ministers, The European Wind Energy Association’s (EWEA) chief executive Thomas Becker
Four businesses have been awarded over £4million to spur on innovation in lowering the costs of generating offshore wind energy, UK’s Energy and Climate Change Minister Greg Barker announced today. The grants have been awarded to 2-B Energy, High Voltage Partial Discharge Ltd, SgurrControl Ltd and O
